In episode 1622, Editor-in-Chief Shekhar Gupta & Deputy Editor Snehesh Alex Philip discuss how China is now a dominant shipbuilding force, accounting for nearly 50% of global shipbuilding.
PLA Navy now fields more warships than US Navy and is on track to deploy 425-ship fleet by 2030, sustained by industrial base capable of replacing, repairing vessels way faster than US yards.
Multi-role ship part of $2.5 billion deal inked with Russia in 2016. It underwent extensive post-construction tests from January this year by a team of Indian specialists.
Stocks of defence firms surged in past few yrs, by over 1,000% in some cases, driven by narrative that they would gain from govt’s domestic procurement push. Now, those stocks are tanking.
The accused allegedly colluded and committed activities by way of diversion of funds for the purpose other than for which the funds were released by the bank, a CBI officer said.
Russian firm United Shipbuilding Corporation has been eyeing Navy's Project 75I under which 6 conventional submarines with air-independent propulsion systems are to be built.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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